22 Madras Parkway

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Address: 22 Madras Pkwy, Newnan, GA 30263, USA
Atlanta & Southeast + Apartment Buildings
Created date: February 5, 2025
Date last updated: September 8, 2026
Price: $1,950,000Investment Analyzer NEW!
  • ±8,878 SF property is suited for healthcare of senior housing facility purposes
  • 12 double occupancy units for residents
  • Immediate occupancy available
  • Fully functioning staff and medical operational areas
  • Built in 2009
  • Septic tank just replaced with sewer connection (>$50,000 cost)
  • Plans under way to connect Madras Parkway to Highway I-85
  • Seller will offer a credit to convert present Kitchenette to a professional Kitchen

Property Description

This ±8,878 SF property is immediately available and located in the area of Newnan, GA. This 12-unit healthcare facility was recently built in 2009 and zoned R-C (Rural Conservation.) Seller will support rezoning or Special Use Permit application. Originally built as a hospice, with special use permit, the property is also suited for other senior housing and medical uses such as a clinic or urgent care center requiring zoning approval. This facility includes fully operational medical areas including a medication room, medical waste room and nurses' work room. The 12 patient quarters are suitable for double occupancy; each room contains a living area and a shared bathroom arrangement with shower, commode and sink. Property amenities also include a reception area, conference room, chapel, kitchenette and laundry room. Patient rooms could be converted into exam and treatment rooms in a clinic or urgent care center setting. Gas-powered generator, sprinkler, video cameras.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,950,000
No. of Units: 12
Year Built: 2009
Lot Size: 2.68 Acres
Opportunity Zone: No
Price per unit: $162,500
Property Website Click Here
Address: 22 Madras Parkway, Newnan, GA 30263, USA
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